Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Thermal Control Technologies Corp TCT (was Redux Energy) -- Ignore unavailable to you. Want to Upgrade?

To: Tupulak who wrote (1015)	9/9/1999 10:56:00 PM
From: Nathan Hansen	Respond to of 1208

Thanks for the post, Curtis. It's about time the financials came out. What's this: "non-disclosure" stuff? .....is the beginning of an auction with only two bidders?

To: Tupulak who wrote (1015)	9/10/1999 12:44:00 AM
From: Nathan Hansen	Read Replies (1) \| Respond to of 1208

clipped from stockhouse.com/bull boards: canoe.ca For those not wanting to read the whole thing, here are the highlights, IMO: Heading: Big investors are no longer content to stand by as company managers adversely affect shareholder values. They are actively throwing their weight around. Highlight 1) "Mr. MacLellan has joined the growing posse of activist investors, ranging from huge players like Ontario Teachers' Pension Plan Board to the self-proclaimed "sharpshooters" of Enterprise Capital Management Inc. When the posse is fed up with a stock's performance, it doesn't sell the shares -- it shoots up the board and sells the company. Highlight 2) "The really exciting thing [about the new activist trend] is direct involvement of [the] Bank," says Jim MacDonald, Enterprise's chairman. "It's one thing for us, who some might characterize as opportunistic, but when the ...Bank is willing to stand up and be counted, that's a fabulous development." [my insert] Highlight 3) "We've seen managements we refer to as egregious capital destroyers," says Bob Bertram, the senior vice-president of investment at Teachers. "It is not in our interest to leave them in place. We've been involved in unfriendly takeovers, we've instigated overthrows of boards. But those are not the norm." [I've looked up the word "egregious" for my own benefit, and it is described as: "Surpassing; extraordinary; distinguished (in a bad sense); -- formerly used with words importing a good quality, but now joined with words having a bad sense; as, an egregious rascal; an egregious ass; an egregious mistake." ---from Dictionary.com] Just thought of TCT, while reading this article, and thought others may share similar sentiments. cheers to all the patient shareholders; this story may be taking a '180'.